The group Pastorela (pastoral) is composed of three hardworking and self-starting partners. The coordinator is Milagros who has been selling bones and vegetables from Tipitapa for 25 years. With the loan she will invest in bones, pepper, tripe, yucca, squash etc. She also has sown six plots (size of 6 city blocks) of vegetables and owns 14 pigs, 25 hens, and 2 horses. The other members include Eufemia that sells food and drinks in her home and Martha that sells vegetables such as cabbage, tomatos, lemons, bananas, onions and other items.
El grupo pastorela lo conforman tres socias trabajadoras y emprendedoras, la coordinadora es la señora Milagros que se dedica a vender huesos y verduras en Tipitapa hace 25 años con el crédito lo invertirá en hueso, chombom, mondongo, yuca, ayote…etc. además de eso ella tiene sembrada seis manzanas de verduras posee también 14 cerdos, 25 gallinas, 2 caballos con berlina.
Las otras integrantes son Eufemia quien vende comida y bebidas en su domicilio ; y Martha quien vende verduras como repollo, tomate, limón, plátanos, cebollas etc.
Located in Central America, ADIM is a small microfinance institution with a strong social focus. In the saturated microfinance market of Nicaragua, ADIM stands out for its emphasis on the holistic development of women as well as its provision of responsible financial services. Founded in 1989 by a small group of Nicaraguan women, this institution has remained true to its initial goal of providing its clients (90% of which are women) with an opportunity for economic growth, in addition to personal and professional empowerment. Supporting an ADIM borrower means contributing not only to the continued offering of the socially conscious services it provides, but also to the sustainable growth of a truly unique microfinance institution.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.